Millburn Ridgefield LLC DE Trims Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Millburn Ridgefield LLC DE trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 228,911 shares of the company’s stock after selling 14,897 shares during the period. iShares MSCI USA Quality Factor ETF comprises 1.0% of Millburn Ridgefield LLC DE’s investment portfolio, making the stock its 22nd biggest holding. Millburn Ridgefield LLC DE owned approximately 0.08% of iShares MSCI USA Quality Factor ETF worth $41,850,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 9.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 31,853,469 shares of the company’s stock valued at $5,443,439,000 after acquiring an additional 2,711,718 shares during the period. LPL Financial LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 7.8% in the 1st quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock valued at $3,107,915,000 after acquiring an additional 1,318,823 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2,898.7% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock valued at $1,302,565,000 after acquiring an additional 7,368,058 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the 1st quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock valued at $1,189,642,000 after acquiring an additional 380,904 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock valued at $878,890,000 after acquiring an additional 324,478 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $193.56 on Friday. The company’s 50 day simple moving average is $191.15 and its 200-day simple moving average is $181.12. The company has a market capitalization of $56.12 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26.

iShares MSCI USA Quality Factor ETF Company Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector.